Instant Cash Club Review
An auto trader, if it’s a good one, can be an indispensable tool in your arsenal when you’re focused on binary options trades. That’s because trading in binary options is much more complicated than you may think at first. A good auto trader can instead monitor trends and changes in prices more diligently, so it can make the correct calls much more accurately. But is the Instant Cash Club auto trader tool a good one?
That’s always the question, isn’t it? It’s ultimately all about whether or not the program can actually be consistent on making the right calls. It’s tempting to be lured in by effective marketing techniques. It’s also equally tempting to just disregard any auto trader tools because of blatant marketing methods that are ridiculously exaggerated or obviously false. You just have to know if it works well enough.
The Marketing Mistakes
Checking out the video and the copy on the website can give you a headache with the number of patently ridiculous claims and false stats. Here are some of their statements:
- You can earn $2,000 day in and day out. In 5 countries around the world, the average was actually $4,000 a day.
- The program is right 93% of the time. But there’s no such program in the world that can be that accurate.
- They’ve been featured by CNN, CNBC, and Bloomberg and they’re hailed as the trading software success story of the year. Go to CNN.com and see for yourself if that’s true.
- They also claim to accept just 50 members each year. So if you want to claim one of those spots, you better act now.
- Also, there’s a timer counting down on the site, further emphasizing how you need to join up quickly.
- Supposedly, quite a few of their members who joined last year made half a million dollars during their year of membership. Some even broke past the $1 million mark in profits.
The video goes on and on, without rally saying anything substantive. They’re also now using a new video, as their old video has been proven to be using actors to play their roles.
But as we’ve said, all these things are immaterial. Almost every site uses such hyperbolic terms. What’s important is that it works well enough for you to earn money.
How Good is Good Enough?
Before we pass judgment on the Instant Cash Club, let’s review the standards of what’s a good auto trader program in the first place. In binary options, you have an equal chance of getting a call right or wrong, if you’re just picking randomly.
The problem is that if you’re right as often as you’re wrong, you’ll end up losing money eventually. That’s because when you put an investment on a trade, you stand to lose all of it if you’re wrong. But if you’re right on your next trade, you don’t get your money back. You only get 80% of it back.
So let’s assume you’ve done 100 trades and you were right half the time. With $25 for each trade, you get $20 for each win. So that’s a total of $1,000 for your 50 correct calls. But you lose $1,250 because of your 50 wrong calls. So for every 100 trades you make, you’re going to lose $250 on average. That will wipe out your minimum deposit of $250.
To make some sort of profit, you’ll need to be right 56 out of every 100 trades, as that gives you $1,120. You lose 44 times with $25 for each loss, and that’s $1,100. So you stand to gain $20 in 100 trades, which may take you at least a week and a half of trading.
Does that sound like the sort of income that’s worth your time, effort, and investment? Of course not. A good auto trader program will have to be much more accurate than that, so you can get a nice steady income you can rely on. Forget about being right 93% of the time. Even a 60% success rate can give you a $200 income per 100 trades of $25 each. Get it to 65%, and the income goes to $425 over 1900 trades.
How Good is Instant Cash Club?
It’s definitely not that good. You’ll find that it very rarely breaks the 56% success rate threshold. Often this success rate is near to the 50% mark instead. And that’s bad for your money.
It’s these inconsistent results that will drive you bonkers. Sure, there may be a few days or even a few weeks when you come out ahead. But these times are few and far between. Most of the time, it feels like it’s just randomly generating calls for you. So it’s just like you’re tossing a coin in the air—heads and the price will go up, tails and the price will go down.
Yes it’s true that this is easy to use. But it’s not doing what it’s supposed to. It’s not earning you $2,000 a day. It’s not giving you $2,000 a week either. Actually, for many weeks you even end up losing money. And when you win money, it’s a pittance.
We’re not the only review that gives a negative assessment on Instant Cash Club. Others have ripped into to because of the false advertising and dubious claims. But the ultimate failure here is that it doesn’t work well enough for you to invest your time and money in it. You simply don’t earn the steady income you can rely on, and in many cases you lose money instead.
Another problem here is that you can’t practice with a demo version of the program so you can see for yourself if it’s good enough. That’s often a very helpful way to confirm the validity of a program. You can use a demo version with live events, and you can track your hypothetical progress with it.
But we’ve taken the time to do our own test drive. And our assessment is that it’s just not good enough at all. You have better options than the Instant Cash Club.
Trade Fusion Auto Trader Review
Trading in binary options is a way for many people to trade and make money online through stocks, commodities, and currency exchanges. It’s actually very simple when you take a look at it. Here’s a stock price now. Will it go up or down when the specified time period (such as 5 or 15 minutes) is up? Make the call, and if you’re right then you gain a profit. Call it wrong and you lose your investment.
Of course, simply guessing isn’t going to make you money. Instead, you’re going to have to find a way to predict how the stock price will move. That means you may have to study up on the subject, just as a stock analyst would. Or you can turn to a program such as Trade Fusion, which does the calculations and the strategies for you.
Technical and Fundamental Analysis
People who take binary options seriously know that there are 2 basic ways of predicting the movement of stock prices. One is known as technical analysis. This is done by analyzing charts and patterns of price movements. Often, patterns tend to come up again and again because the price of stocks and commodities reflect the buying and selling of large numbers of people. And people’s reactions can be tracked, and they can be predicted.
The other main strategy is fundamental analysis. This time, you need to go over economic reports, company profit announcements, government statements, and other current news events such as the climate to predict stock prices.
For example, if the Saudi government makes an announcement to cut oil production, then people will expect the price of oil to go up. If the Feds announce a change in interest rates, then they can anticipate a change in the value of the dollar, relative to other currencies. If a war breaks out in a certain region, then certainly this will affect the economy in that region.
Usually, a winning strategy takes both approaches into account. But that entails a lot of time and effort. You’re going to have to monitor price movements of stocks and commodities to check for patterns you can recognize. And you’ll also need to check news reports online as they’re reported.
This can be a fulltime job, and unlike other jobs you can wrong in your calls anyway. So you can still end up losing money even after all your hard work.
The Trade Fusion Advantage
An auto trader program, on the other hand, can do all that work for you instead. Most programs of this sort are designed to track stock price movements, and they can then notice patterns that they can recognize as part of their database.
They can them identify the trades that involve these patterns and they can recommend the trade and the right call. When they recognize the pattern of a price movement, they know how the price will go at a certain time.
Trade Fusion can do that too. But it can also do something that these other programs can’t, and that’s fundamental analysis. It can actually track business announcements, natural disasters such as earthquakes and hurricanes, and economic reports. That provides an extra layer of data that increases the accuracy of its forecasts.
How Does It Work?
You can sign up for membership to Trade Fusion, and you can then use the program for free. However, to use the Trade Fusion trading platform your minimum investment is $250. That’s still your money, by the way. You can then use that account balance to make your trades, and the Trade Fusion auto trader can automatically place trades for you in the amount you want.
The software and the trading platform can be used by any PC or smartphone with Internet capability. It’s actually very easy to use this program and best of all you don’t even have to know anything about price movements or how a news report can affect certain stocks and commodities. All you need to know is to follow what the Trade Fusion auto trader shows you.
The trading platform offers 100 assets you can choose from, which includes stocks, commodities, and currencies. The customer support is excellent, and you don’t even have to know any English. It’s available in 5 languages and you can get help at any time.
However, this is only free for up to 90 days. Afterwards, there will be a fee. Trade Fusion is betting that your profits will be high enough after 90 days that you won’t mind paying a fee for the use of the auto trader program. They feel it’s that good.
How Good Is It Really?
It’s very good, in a realistic sense. First you will have to ignore all the rigmarole concerning the accuracy rate and how much you can earn. According to the marketing ads, its accuracy is up to 92.3% right, and you can earn up to $50,000 in just 90 days.
All these things aren’t true at all. But the accuracy rate is good enough so that you don’t just break even. You can actually make a decent amount of money with this each day and each week. It’s very consistent too. Each week you can gain a nice bundle of money, which is great considering you don’t really work for it at all. All you just do is go to the site, activate the auto trader, and see it make trades (and money) for you.
There are a lot of crap auto trader programs out there, but Trade Fusion isn’t one of them. It’s actually pretty good. As long as you ignore the grandiose claims, the profits you get are more than satisfactory.
Now you may have a decision to make when the 90 days are up. Should you continue? That’ll depend on how much you’ve been earning, and how much Trade Fusion will charge you for the privilege. But if you earn a few thousands each month and you’re onus asked to pay a few hundred dollars a month, then the math is fairly obvious, isn’t it?
Forex Trading Made Simple
Folks believe that forex online trading is simple, but this really is not the case. It’s not as simple as some make it out to be. Forex is also called the meat grinder, and this is mainly because it’s rates burning out traders are not low for the reality that it is explosive and as far as breaking, efficient and also leveraged. For anyone who feels this is an easy thing, you are going to be in for a real surprise. It is risky and it includes investigation that’s not simple and within a particular market.
Let’s assess the first point: the FOREX is accessible to everyone. All you need is a computer with an internet connection, and a couple of bucks. Following that, you simply need to find a nice agent, download the trading platform and also you’re ready to go. Anyone can do that!
It might be hard to comprehend how to use %R without an illustration. As an illustration watch the video from youtube.com How to use Williams %R. This video is just one of lots of illustration that can be located on youtube.com about %R if you’ll need an additional illustration.
Keep in mind that there’s no market bigger compared to the forex exchange one. Also, everything happens virtually. The Forex Online Trading procedures ensure that you don’t have to handle cash in real life. Everything is electronically transmitted.
Decision 3- how big to trade (how many lots) the size of your trade should depend upon 1) the amount of your trading capital 2) the % of your capital that you’re willing to risk on an individual trade and 3) the size of your stop loss, which we’ll discuss afterwards. Most traders risk about 2-3% of their capital, but you should not be more competitive than 5% of your capital – otherwise several consecutive losses, and also you are out of business. We’ll e.G. In case your capital is $1000, and you also want to risk no more than 5% which is $50, and you decide that for this trade 20 pips stop loss is adequate, then you certainly will open a standing where each pips is worth .5 ( / ).
Investors trade money pairs in this market, as most of you might or mightn’t understand. But why, you most likely wonder, do associations and people trade so much on the FOREX if most of them actually lose in the future? The answer is straightforward: it is not difficult to use, you can trade with excessive influence and it’s very fluid.
Feedback is the fact that software of this nature does indeed work, with a small proviso. That proviso is that there’s a level of care of the trading demanded. Simply plugging systems into trading accounts and expecting things to occur month after month isn’t a reality. Failing to do this could result in profits beginning to diminish to the stage that finally there is a loss realized instead of gain.
Getting to know the whys, the hows, along with the what power of internet trading will certainly make you a better trader in the future. Taking a bit more time with you prep before hand can help remove the ridiculous blunders which can set you back before you have even begun.
Hоw tо Mаximizе Prоfit in Binаrу Options Trаding.
Binаrу орtiоnѕ trading is an investment whеrе you аlwауѕ have to ask уоurѕеlf hоw you саn mаximizе уоur рrоfitѕ. In Binary Options trading, it ѕhоuld bе роѕѕiblе tо еаrn аѕ muсh рrоfit as уоu want within a short реriоd оf timе if thеrе are juѕt рrореr plans аnd ѕtrаtеgiеѕ imрlеmеntеd. Aѕidе frоm learning how tо mаximizе рrоfitѕ, it is аlѕо a givеn tо lеаrn hоw to minimizе lоѕѕеѕ.
Fоr those реорlе who wаnt tо enjoy the luсrаtivе profits рrоvidеd bу this раrtiсulаr trаdе, it is оnlу nаturаl that уоu аѕk fоr hеlр. Thеrе should be rеѕоurсеѕ оffеrеd in thе trаding platform you have signed uр fоr. In thеѕе trаding рlаtfоrmѕ, you will mоѕt likеlу bе аblе tо obtain tiрѕ thаt are worth fоllоwing during уоur trаdе.
Hеrе аrе ѕоmе оf thе tips thаt уоu ѕhоuld bе аblе tо take аdvаntаgе оf fоr your binаrу орtiоnѕ trading.
1: Gо fоr thе еduсаtеd rоutе.
You hаvе tо bе аn educated trаdеr when уоu want to еаrn profit аѕ a trаdеr. Dо nоt ever rеlу оn bеginnеr’ѕ luсk or even intuitiоn juѕt tо mаkе уоur trаdе. Tаkе аdvаntаgе оf the relevant news rероrtѕ уоu will bе rесеiving frоm 24 Oрtiоn to decide on whаt оr whеn уоu will рlасе your stake. Rеviеw the сhаrting рlаtfоrm, ѕсорing, tесhniсаl indicators, аnd rеѕiѕtаnсе linеѕ. These are crucial when уоu wаnt tо сарitаlizе on your timеlу trades.
2: Bеttеr trаdе what уоu already knоw.
It iѕ imроrtаnt thаt уоu trаdе the аѕѕеt уоu already have knowledge оf. Thаt wау, you will bе able to еаѕilу do your trаdе. With еxtеnѕivе rеѕеаrсh, you саn аlѕо ѕuрроrt whаt knowledge уоu already hаvе. You саn ѕtаrt bу trading аnd researching thаt оnе asset уоu аlrеаdу hаvе information аbоut. Rеѕеаrсh intо it еxtеnѕivеlу. Onсе уоu аrе соnfidеnt with trading thаt аѕѕеt, уоu саn thеn proceed оn аvаiling оf other аѕѕеtѕ and trading with it in binаrу орtiоnѕ.
3: Hоnе your mоnеу mаnаgеmеnt ѕkillѕ.
Yоur mоnеу management skill is bаѕiсаllу thе kеу tо a successful binаrу орtiоnѕ trаdе. Whеn it comes to money management, you have tо set a сlеаr bоundаrу and ѕtiсk tо it аѕ rеligiоuѕlу аѕ роѕѕiblе. This iѕ the ԛuаlitу thаt will ѕераrаtе уоu from bеing a gаmblеr. Yоu will have to prepare a plan for the length of timе it tаkеѕ for a trade ѕеѕѕiоn, thе аmоunt уоu аrе willing to riѕk, and other limitаtiоnѕ of the trаdе. Evеn whеn it ѕееmѕ that things are gоing уоur wау, уоu have to quit when уоu hаvе reached your limit.
4: Sеlесt a gооd ѕtrаtеgу.
Thе right strategy should bе used at just the right mоmеnt. The mоrе infоrmаtiоn you hаvе about thе mаrkеt and уоur аѕѕеt, thеn уоu саn prepare a good ѕtrаtеgу you can rеlу оn аt the right moments. Be capable of еmрlоуing vаriеd ѕtrаtеgiеѕ and lеаrn hоw уоu саn take full аdvаntаgе оf them.
5: Prасtiсе аѕ оftеn as you саn.
Dо nоt be аѕhаmеd to uѕе уоur trаding platform’s dеmо ассоunt. Thiѕ is whаt hеlрѕ you become a bеttеr trаdеr, аftеr all. Bу рrасtiсing, you саn grаѕр a gооd fееl оf thе trade.
It is imроrtаnt to undеrѕtаnd what binary options iѕ аll аbоut аnd hоw it wоrkѕ before уоu begin trаding.
Many people ѕhу away frоm thiѕ tуре of invеѕtmеnt bесаuѕе thеу are misinformed or lack knowledge аbоut it. Hоwеvеr, they could bе miѕѕing оut оn ѕоmе profitable trаdеѕ.
In ѕum, nо mаttеr whаt ѕtrаtеgу уоu сhооѕе tо imрlеmеnt, уоu ѕhоuld bе fаmiliаr with thе uрѕ аnd dоwnѕ and сurrеnt trеndѕ in thе trаding mаrkеt. Also, kеер in mind that nо invеѕtmеnt iѕ without risk. Last but nоt lеаѕt, dо nоt invest аn аmоunt оf mоnеу thаt уоu саnnоt аffоrd tо lоѕе.
The beauty of binary options is the simplicity of trading.Any individual with any skill level can trade binary options, all that is needed is the prediction of movement and direction. As a beginner in binary options, some strategies need only a little experience. These strategies are ideal for entry level traders. These are the strategies ‘newbies’ should look to get to grips with first.
Knowing when to trade the right call or put is the main issue in binary options. You have numerous assets to focus on in binary options, but the most effective is a single asset trade. As a beginner, some selected strategies has been selected to guide you;
- Trend Strategy: This is not limited only to beginners, most experienced traders also utilize the strategy. As a beginner, let the trends be your friend. This is a popular approach in binary options, and it’ll continue to be because the trends will always be there. It is a bull bearish strategy that keeps monitoring the rise and decline of the traded asset. When there’s a flat trend line with a positive prediction, go with the No Touch But if the trend shows that there will be a rise, trade call. When the trend line shows a decrease, go with Put. This strategy is like the CALL/PUT method.
- Straddle Strategy: This strategy is highly respected among traders. The best application period is during market volatility, the expectation of news concerning an asset, and when analyst predictions seem The straddle strategy is not hinged solely on the CALL/PUT options; you can trade on a single asset using two choices. You can predict an increase or decrease on a single asset simultaneously. The idea is to utilize CALL when there’s an increase in the worth of the asset, but with an indication that it will fall soon. When the decrease starts to occur, place a CALL option on it, with the hope of a bounce back. This can also be traded in the reverse direction. The strategy guarantees a huge success in at least one of the positions with an “in the money” result. This strategy is hugely utilized when there is a rapid up and down movement in the market.
- Pinocchio Strategy: You can practice this strategy using a demo account of your broker. You should utilize this strategy when a drastic fall or rise is anticipated in the value of an asset. If a rise is expected, CALL the options, but if a drop is expected trade PUT.
- Hedging Strategy: This strategy is utilized to protect traders from risk. It is also known as pairing. Corporations, traders, investors and traditional stock exchanges also employ the strategy in trading. This strategy entails placing CALL and PUT on the same asset at the same time. The advantage of this strategy is that no matter the final direction of the asset, a successful outcome will be recorded. Using this method, you are shielding your capital from any scenario produced. Hedging is an insurance approach that pays if the loss is recorded.
- Risk Reversal Strategy: Experienced binary options traders are fond of this strategy, but as a beginner, you can utilize the strategy The main benefit of the strategy is a lowered risk ratio to a high success rate. Just like hedging, CALL and PUT are placed on an asset simultaneously. This is mostly applicable to assets with fluctuating value and random direction.
- Fundamental Analysis:. This is a method of evaluating the value of the asset by examining related economic, financial and other qualitative and quantitative factors. An example is when determining the intrinsic value of Corn, one may look at the effects the weather is having upon the crops.
No single strategy is the best.Do not rely only on one when you start out as a beginner. A combination of related strategies will improve your chances of success. Try out different strategies and settle for the one(s) that suit you and your trading aims.